According to Zacks, “Electrolux AB manufactures appliances and outdoor and industrial products. The Company produces household and commercial appliances, vacuum cleaners and other floor care machines, sewing machines, chain saws, lawn mowers, weed eaters, aluminum extrusions, conveyor systems and archive systems and recycles scrap metals and waste paper. Products are sold in Europe, North America and Asia. “
Several other analysts have also commented on ELUXY. Morgan Stanley lowered Electrolux AB from an overweight rating to an equal weight rating in a report on Thursday, July 21st. RBC Capital Markets lowered Electrolux AB from an outperform rating to a sector perform rating in a report on Thursday, July 21st. Finally, Royal Bank Of Canada lowered Electrolux AB from an outperform rating to a sector perform rating in a report on Thursday, July 21st.
Shares of Electrolux AB (NASDAQ:ELUXY) opened at 49.06 on Tuesday. The company’s 50-day moving average price is $50.81 and its 200-day moving average price is $52.77. The stock has a market cap of $7.05 billion and a PE ratio of 23.72. Electrolux AB has a one year low of $41.22 and a one year high of $62.54.
Electrolux AB Company Profile
Electrolux AB is a Sweden-based company engaged in producing home appliances. The Company operates through two business areas: consumer durables, which includes its five segments: Major Appliances Europe, Middle East and Africa, Major Appliances North America, Major Appliances Latin America, Major Appliances Asia/ Pacific, and Small Appliances, and professional products business, which includes the Company’s Professional Products segment.
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